7340 Lake Circle Drive 202, Margate, FL 33063

$145,000
Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 1,100 Status: Closed
Current Price: $145,000 List Date: 1/22/2022 Last Modified: 8/31/2026

Overview

Description

Welcome home to this updated condo in a pet-friendly active 55+ community! Enjoy water views from your large glass-enclosed patio. Featuring large rooms, walk-in closet, new LVP waterproof flooring, freshly painted, new closet doors & window coverings, new stainless refrigerator, new Water heater, new vanities/toilets/fixtures/shower door, new touchpad entry & more! Enjoy the convenience of a newer washer/dryer in unit. The community features two pools, tennis courts, club house with amenities! Rare-find 55+ community in the area that allows TWO Pets up to 20lbs each and provides such ample square footage for a 2 Bedroom! Association represents as 55+ and requires one owner to have a 650 or more credit score. THIS CONDO HAS WHAT IS NEEDED TO FUND UNDER 25% down, as low as 3% if you qualify

Listing Details MLS# A11148285

General Property Information

Unit Floor #
2
Property Sub Type
Condominium
Bedrooms Total
2
Bathrooms Total
2
Bathrooms Full
2
Building Area Main
1100
Living Area Main
1100
Adjusted Area Main
1100
Year Built
1980
Senior Community YN
Yes
Waterfront YN
Yes
Stories Total
4

Property Features

Application Information: 3-4 Weeks Approval; Association Approval Required Association Amenities: Maintenance Association Fee Includes: Cable TV; Common Areas; Maintenance Structure; Pest Control; Reserve Funds; Roof Repairs; Sewer; Trash; Water Dining Area: Dining/Living Room; Eat-In Kitchen Exterior Features: Other Flooring: Carpet; Tile Parking Features: Assigned; Guest Property Condition: Resale Appliances: Dishwasher; Disposal; Dryer; Electric Range; Refrigerator; Washer Water Heater Details: Electric Water Heater Construction Materials: CBS Cooling: Ceiling Fan(s); Central Air; Paddle Fan(s) Association Type: Condominium Heating: Central Listing Terms: Cash; Conventional Pets Allowed YN: Yes Possession: Negotiable Other Leasing Restrictions: Leasing Prohibited 1st 2 Years Security Features: None Unit Description: Exterior Catwalk Utilities: Cable Available Water Access: None Water View: Lake Waterfront Features: Lake Front Showing Requirements: Showing Service Contingencies: Backup Contract/Call LA

Contract Information

Comp Sale YN
No
Original List Price
145000
Occupant Type
Vacant

Location and Legal

Country
United States
County Or Parish
Broward
County Parish Name
Broward
Street Number
7340
Street Name
Lake Circle
Street Suffix
Drive
Unit Number
202
City Name
Margate
State Or Province
FL
Postal Code
33063
Postal Code +4
4870
Postal Zip
33063
Subdivision Name
PALM LAKES CONDO
Development Name
Palm Lakes Condo
Area
3633
Geographic Area
NW41 - North Broward 441 To Everglades (3611-3642)
Elementary School
Morrow
Middle Or Junior School
Silver Lakes
High School
Coconut Creek
Parcel Number
484135G30100
Flood Zone
X

Financial Information

Association YN
Yes
Association Fee
1146
Association Fee Frequency
Quarterly
Application Required YN
Yes
Estimated Monthly Assoc Recurring Fee
382
Membership Fee Required YN
No
Tax Annual Amount
2400
Tax Year
2021
Tax Legal Description
PALM LAKES CONDO UNIT 202 BLDG 2 AKA PHASE #1 PER CDO BK/PG: 8555/223

Status Change Information

Major Change Timestamp
2022-02-26T02:51:36Z
Major Change Type
Status Change
Price Change Timestamp
2022-01-21T23:40:07Z
Status Change Date
2022-02-27
Under Contract Date
2022-01-24
Close Date
2022-02-25
Close Price
145000
Buyer Financing
Conventional

More Information

Application Fee Details

Application Fee Required
Yes
Application Fee
100

Entry Information

Entry Level
2

Parking Information

Open Parking Spaces
Yes
Parking Space Number
24

Leasing Restrictions

Leasing - Max Times Per Year
Yes
Leasing - Minimum Number of Days
365

Buyer Details

Intended Use
Primary Residence
Buyer State
Florida
Zip Code
33063

Concessions

Seller Concessions
No

Price Calculations

Current Price To SqFt
131.82

Section Details

Parcel Number MLX
0100

Originating Details

Originating System Key
365887586
Originating System ID
M00000151
IDX
Listing Office: Realty 100
Source MLS Verified
Last Updated: August - 31 - 2026
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